English version

monopolistic in Business basics topic

From Longman Dictionary of Contemporary Englishmonopolisticmo‧nop‧ol‧is‧tic /məˌnɒpəˈlɪstɪk◂ $ -ˌnɑː-/ adjective  BBCONTROLcontrolling or trying to control an industry or business activity completely The company wants to maintain its monopolistic position.
Examples from the Corpus
monopolisticRegulation was therefore required to prevent monopolistic abuse.Second, competition is difficult to ensure, giving scope for monopolistic abuse.Labour markets are indirectly affected by monopolistic competition in product markets.monopolistic corporationsBut Smith envisaged a world of small-scale enterprise, which would be left alone by government and by monopolistic corporations.By fully exploiting their market position currently, monopolistic firms might elicit adverse public opinion and governmental censure.As the partial equilibrium analysis suggested, a procompetitive effect, with monopolistic industries expanding, is expected from trade.As a result the market structure very often ceased to be purely competitive, becoming monopolistic or oligopolistic.But this monopolistic paradise has been lost.